West Virginia Public Broadcasting – During his first week in office, Gov. Patrick Morrisey delivered a picture of the state’s fiscal health in stark contrast to his predecessor’s projections of strength for the state.
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“The state will have a projected deficit of approximately $400 million and that number is projected to rise more and more in the out years,” Morrisey said. “This is where we stand on day one.”
For the upcoming fiscal year, West Virginia’s budget is facing a turning point. After years of tax cuts, federal funds for many social services are set to expire – and the legislature will have to adapt to Morrisey’s new budget proposals.